XML 40 R31.htm IDEA: XBRL DOCUMENT v3.22.4

Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Jan. 01, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Information regarding the Company’s other intangible assets are as follows:

						Balance as of
						January 1, 2023																		March 31, 2022
						Gross Amount						Accumulated Amortization						Net Amount						Gross Amount						Accumulated Amortization						Net Amount
Indefinite-lived intangible assets:
Trademarks						$	145,158					$	(953)					$	144,205					$	145,808					$	(953)					$	144,855
Finite-lived intangible assets:
Customer relationships						295,280						(125,958)						169,322						298,577						(109,820)						188,757
Non-compete						2,825						(2,825)						—						2,825						(2,825)						—
Technology						96,706						(45,380)						51,326						97,367						(38,712)						58,655
Trademarks						8,944						(6,085)						2,859						8,947						(5,012)						3,935
Licenses						1,196						(1,196)						—						1,196						(1,196)						—
Total						$	550,109					$	(182,397)					$	367,712					$	554,720					$	(158,518)					$	396,202

Schedule of Goodwill

The following table presents the amount of goodwill, as well as any changes in the carrying amount of goodwill by segment during the nine months of fiscal 2023:

						Energy Systems						Motive Power						Specialty						Total
Balance at March 31, 2022						$	279,461					$	323,303					$	97,876					$	700,640
Foreign currency translation adjustment						(22,155)						(3,597)						(1,187)						(26,939)
Balance as of January 1, 2023						$	257,306					$	319,706					$	96,689					$	673,701

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired intangible assets excluding goodwill. This may include a description of the facts and circumstances leading to the recording of impairment charges of intangible assets in the period, the amount of the impairment charges, the methods of determining fair value of the associated assets, the caption in the income statement in which the impairment losses are aggregated, and the segment in which the impaired intangible assets are reported.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

+ Details

Name:	us-gaap_ScheduleOfImpairedIntangibleAssetsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration